Product Launch (Blog)

Nov, 17 2022

The Global Smart Indoor Farming Market is Projected to Grow at a CAGR Of 9.1% During the Forecast Period

The Global Smart Indoor Farming Market is estimated to exhibit a CAGR of 9.1% during the forecast period of 2021-2028. The increasing consumer awareness regarding the advantages of consuming fresh and high-quality food will act as a driving factor for the growth of the smart indoor farming market.

On the other hand, the increase in the primary investments and the restrictions on the forms of crops that can be grown are further anticipated to derail the growth of the smart indoor farming market in the timeline period.  

Global Smart Indoor Farming Market

According to Data Bridge Market Research, the smart indoor farming market will exhibit a significant rise in its market value. Major factors that are expected to boost the growth of the smart indoor farming market in the forecast period are the increase in the demand for fresh food with more nutritious value, rise in the demand for higher yields that are utilizing limited space and water and rapid advancements in the innovative and cost efficient technologies and the manufacturing of biopharmaceutical products.  

Currently, Europe will dominate the global smart indoor farming market owing to the increase in the acceptance of technologies concerning to indoor farms.

Now the question is which are the other regions that the smart indoor farming market is targeting? Data Bridge Market Research has estimated a large growth in Asia-Pacific owing to the occurrence of a large number of indoor farms. Moreover, the constant increase in the population has in turn heightened the demand for organic food which is further anticipated to propel the growth of the smart indoor farming market.

For more analysis on the global smart indoor farming market request for a briefing with our analysts, https://www.databridgemarketresearch.com/speak-to-analyst/?dbmr=global-smart-indoor-farming-market        

Scope of the Smart Indoor Farming Market

The global smart indoor farming market is segmented on the basis of countries into U.S., Canada, Mexico in North America, Germany, Poland, Ireland, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Chile, Rest of South America as a part of South America, UAE, Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa(MEA).

  • All country based analysis of smart indoor farming market is further analysed based on maximum granularity into further segmentation. The market is also segmented on the basis of growing system into aeroponics, hydroponics, aquaponics, soil-based and hybrid. On the basis of facility type, indoor farming market is segmented into glass or poly greenhouses, indoor vertical farms, container farms and indoor deep water culture (DWC) systems. On the basis of component, indoor farming market is segmented into hardware, and software and services. On the basis of crop type, indoor farming market is segmented into fruits and vegetables, herbs and microgreens, flowers and ornamentals and others.
  • Indoor farming is a technique of growing crops and plants inside any indoor space. Indoor farming is undertaken using a wide range of technologies and procedures.  

To know more about the study, https://www.databridgemarketresearch.com/reports/global-smart-indoor-farming-market

Key Pointers Covered in the Smart Indoor Farming Market Industry Trends and Forecast to 2028

  • Market Size
  • Market New Sales Volumes
  • Market Replacement Sales Volumes
  • Market By Brands
  • Market Procedure Volumes
  • Market Product Price Analysis
  • Regulatory Framework and Changes
  • Prices and Reimbursement Analysis
  • Market Shares in Different Regions
  • Recent Developments for Market Competitors
  • Market Upcoming Applications
  • Market Innovators Study

Key Market Competitors Covered in Smart Indoor Farming Market report

  • LOGIQS B.V.
  •  Illumitex
  •  Vertical Farm Systems
  •  Hydrodynamics International.
  •  GENERAL HYDROPONICS
  •  Certhon.
  •  Dalsem
  •  RICHEL Group
  •  AMHYDRO
  •  Harnois Industries Inc (Les)
  •  Urban Crop Solutions
  •  Agrilution
  •  Green Sense Farms Holdings, Inc.
  •  Signify Holding.
  •  EVERLIGHT ELECTRONICS CO., LTD.
  •  Argus Controls Systems Limited.
  •  NETAFIM
  •  LumiGrow Inc.
  •  Scotts Miracle-Gro Company
  •  Advanced Nutrients Ltd.

Above are the key players covered in the report, to know about more and exhaustive list of smart indoor farming market companies contact, https://www.databridgemarketresearch.com/toc/?dbmr=global-smart-indoor-farming-market  

Research Methodology: Global Smart Indoor Farming Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and estimated using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Related Reports

Browse in Agriculture and Animal Feed Category Related Reports@ https://www.databridgemarketresearch.com/category/agriculture-and-animal-feed


Client Testimonials